London would gain access to defense contracts funded by the scheme but must help cover financing costs, Brussels says
The UK is considering joining an EU scheme providing €90 billion ($105 billion) to Ukraine to gain access to lucrative military contracts funded through the program. The plan was announced in a joint statement by European Commission chief Ursula von der Leyen, European Council President Antonio Costa, and UK Prime Minister Keir Starmer during the European Political Community summit in Armenia on Monday.
The so-called loan scheme, backed by joint EU borrowing, is structured on the assumption that it would be repaid if Kiev…
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